also, about the FMV of MOY...
Let's keep it simple:
$18M in NEM Stock
26.4M shares
= US$.68 per MOY share value = Can$1.01
(excluding the NSR, $2M cash, Botswood, etc.)
(also will not include the C$1.00 warrants, although you can likely assume these will be exercised, IMO, and the proceeds not distributed to shareholders)
(also assuming NEM remains in the $24.50-$25.50 collar)